U.S. Strategic Petroleum Reserve Falls Below 300 Million Barrels
The U.S. Strategic Petroleum Reserve (SPR) has fallen below 300 million barrels for the first time since 1983, reaching 298.7 million barrels. This decline of 6.1 million barrels is the lowest level since 1983, with U.S. presidents increasingly ordering massive releases from the SPR in recent years. The decrease comes amid emergency releases and ongoing tensions in the Middle East region.15 sourcesSee all sources